23 Magnolia Avenue, Goleta, CA 93117

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
23 Magnolia Avenue,Goleta, CA 93117
$5,550,000
  • - Beds
  • - Baths
  • 12,755 sq. ft.
  • Multi-family
  • Pending
Listed by: steven j golis
Office: radius group commercial r.e.
MLS#:25-4179
Source:SBAOR

Price summary

  • Price:$5,550,000
  • Price per sq. ft.:$435.12

About this home

Roof will be replaced and balconies repaired by close of escrow! JJ's Apartments offers a rare chance to acquire a 19-unit community in the heart of Old Town Goleta. This well-maintained asset blends vintage charm, walkable convenience, strong curb appeal, and meaningful upside. The mix includes (17) 1BD/1BA and (2) 3BD/1BA units, drawing consistent demand from workforce tenants and UCSB students. One recently remodeled unit was just leased, highlighting renovation potential. The ±14,810 SF parcel includes a ±12,755 SF building, 8 carports, 11 uncovered spaces, and a ±1,480 SF carport suited for future ADU development. With its mid-century design and prime accessibility, JJ's Apartments embodies Goleta's enduring coastal rental appeal.

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Home facts

  • Year built:1971
  • Listing ID #:25-4179
  • Added:30 day(s) ago
  • Updated:December 17, 2025 at 10:04 AM

Rooms and interior

  • Living area:12,755 sq. ft.

Structure and exterior

  • Year built:1971
  • Building area:12,755 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Dos Pueblos
  • Middle school:Gol Valley
  • Elementary school:La Patera

Finances and disclosures

  • Price:$5,550,000
  • Price per sq. ft.:$435.12
Based on information from the Santa Barbara MLS as of December 18, 2025 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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